I have a Real Estate Appraisal test and need help on Real Property Rights... [Archive] - Real Estate Insider Forum
 
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lilbrowardchick
10-27-2007, 01:25 AM
...Conveyed Problems. Pls help me!!!? Appraisal of the fee simple interest in land improved with an office building:A comparable property was fully leased at the time of sale, the leases were long-term (10 years remaining) net leases, and the credit ratings of the tenants were good.Market rent for office space is $25/sf.Contract rent for the comparable property was $24/sf.The Comp property has 100,000 square feetMarket overall capitalization rate is 10%.The market vacancy rate is 5%A reasonable management expense is 4% of effective gross incomeMarket Evidence supports a discount rate of 15%If the comparable property loses $91,200 for 10 years, what is the discounted present value of this loss?

Karina v
10-27-2007, 01:33 AM
Email Me Im In Tehe Realstate Market Karinatabs2yahoo.com

dianaparisian
10-27-2007, 08:23 AM
aren't you going to need to be able to do this to enable you to practice as an appraiser??? You need to learn this and know how to do without help!